First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Bought by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 32.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 456,916 shares of the company’s stock after buying an additional 111,451 shares during the quarter. Prospera Financial Services Inc’s holdings in First Trust Low Duration Opportunities ETF were worth $22,586,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in LMBS. LPL Financial LLC grew its holdings in First Trust Low Duration Opportunities ETF by 7.8% during the 2nd quarter. LPL Financial LLC now owns 7,631,699 shares of the company’s stock worth $366,703,000 after acquiring an additional 550,017 shares in the last quarter. Brookstone Capital Management increased its holdings in First Trust Low Duration Opportunities ETF by 2,052.6% in the second quarter. Brookstone Capital Management now owns 471,136 shares of the company’s stock valued at $22,944,000 after buying an additional 449,249 shares during the last quarter. Cetera Investment Advisers raised its stake in First Trust Low Duration Opportunities ETF by 114.6% in the first quarter. Cetera Investment Advisers now owns 800,093 shares of the company’s stock valued at $38,604,000 after buying an additional 427,232 shares in the last quarter. Long Run Wealth Advisors LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth about $10,901,000. Finally, Financial Enhancement Group LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 87.4% in the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock valued at $21,258,000 after acquiring an additional 206,322 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock opened at $48.75 on Tuesday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49. The business has a 50 day moving average price of $49.07 and a 200 day moving average price of $48.69.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 22nd were given a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date of this dividend was Tuesday, October 22nd.

First Trust Low Duration Opportunities ETF Company Profile

The First Trust Low Duration Opportunities ETF (LMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years. LMBS was launched on Nov 4, 2014 and is managed by First Trust.